Index Of Eight Core Industries (ICI): Recent reports show that the combined Index of Eight Core Industries (ICI) increased by 3.6 per cent (provisional) in March 2023 as compared to the Index of March 2022. ICI measures combined and individual performance of the production of eight core industries. These include Coal, Crude Oil, Natural Gas, […]
Category: Economics Current Affairs
Telecom Regulatory Authority Of India : Change In Rules
Telecom Regulatory Authority Of India : Change In Rules The Telecom Regulatory Authority Of India (TRAI) recently announced to change the rules regarding fake, promotional calls and SMS to customers. Telecom Regulatory Authority of India (TRAI) is a regulatory body set up by the Government of India under section 3 of the Telecom Regulatory Authority […]
Unique Land Parcel Identification Number (ULPIN)
Unique Land Parcel Identification Number (ULPIN): The Rural Development Ministry recently said that ULPIN has been adopted by 26 states and union territories so far. Unique Land Parcel Identification Number (ULPIN) is part of the Digital India Land Records Modernization Programme (DILRMP). ULPIN or Bhu-Aadhar is a 14-digit identification number accorded to a land parcel. […]
What Is MiCA?
What Is MiCA? The European Union, approved the world’s first set of comprehensive rules ‘the Markets in Crypto-Assets (MiCA) law’ for cryptocurrency markets. The Markets in Crypto-Assets (MiCA) law, will regulates cryptocurrencies for the first time in its entirety. It is anticipated to set new standards for regulation of cryptocurrencies globally. MiCA will impose compliance […]
Safe City Project : Delhi
Safe City Project : Delhi Delhi is all set to implement the Safe City Project, which aims to provide better security for citizens, particularly women. The Safe City Project is an initiative of the Ministry of Home Affairs, in collaboration with the Ministry of Women and Child Development under the Nirbhaya Fund, aimed at creating […]
Vault Managers : SEBI
Vault Managers : SEBI SEBI issued a procedure for vault managers to seek prior approval for the change. The vault manager is regulated as a SEBI intermediary for providing vaulting services meant for gold deposited to create electronic gold receipts (EGRs). Electronic gold receipts is a gold exchange measure by SEBI, wherein the yellow metal […]
National Technical Research Organisation
National Technical Research Organisation: The Central Government recently appointed former Special Protection Group (SPG) chief as the Chairman of the National Technical Research Organisation (NTRO). National Technical Research Organisation (NTRO) is a technical intelligence Agency under the National Security Advisor in the Prime Minister’s Office, India. It was formed in 2004 to strengthen the country’s […]
Limited Purpose Clearing Corporation
Limited Purpose Clearing Corporation: The Securities and Exchange Board of India (SEBI) put in place a dispute resolution mechanism for Limited Purpose Clearing Corporation (LPCC) to settle disputes and claims arising out of transactions cleared by it. It is an entity established to undertake the activity of clearing and settlement of repo transactions. The mechanism […]
The Olkiluoto 3 Reactor
The Olkiluoto 3 Reactor: Europe’s most powerful nuclear reactor, The Olkiluoto 3 reactor has completed its test phase in Finland. The Olkiluoto 3 reactor is an EPR (European Pressurized Water Reactor). It is the first new-generation EPR, or European Pressurized Reactor, plant to have gone online in Europe. It is located in Finland and built […]
Stablecoins
Stablecoins: The United States Congress recently made an attempt to create a legislative framework for the increasingly popular stablecoins. Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC). […]
